Karnali Development Bank Ltd.was established on Falgun 6, 2060 under Bank Act 2052 BS. Its head office is located in Nepalgunj and it gradually opened its 11 branches at Tulsipur, Ghorahi, Lamahi, Bhaluwang, Kohalpur, Khajura, Gulariya, Sanoshree, Bansgadhi & Bhurigaun including Head Office. The primary mission of Karnali Development Bank Ltd is to establish, develop, expand and facilitate the productivity of feasible manufacturing and to create employment so as to uplift the rural and urban economy through agriculture, trade and industry by mobilizing the local human and capital resources. We are in the process of expanding our branches at different places, thus meeting the expectations of our rural depositors.

CAPITAL STRUCTURE

Authorized Capital : Rs 20 Crores

Issued Capital : Rs 14 Crores

Paid Up Capital : Rs 10 Crores

Objectives:

Working in full compliance as per the NRB Act 2058 and other relevant laws and by-laws, the main objectives of Karnali Development Bank Ltd are as follows:

1. To protect and promote the rights of the depositors and share holders while providing qualitative and trustworthy financial services;

2. To generate financial instruments through internal and external sources necessary to establish, develop and expand and improve the productivity of the fields of

agriculture, industry, services trade and other possible productive businesses and contribute to accelerate the development of industry, trade and agriculture